LeaderPortfolio
Dines
Daniel Dines
Rank #2963
ROMANIATechnologySoftware

Daniel Dines

Net Worth
$1.261B
+3.32% (24h)
Daniel Dines is the co-founder and Executive Chairman of UiPath, a leading enterprise automation software company. Dines, a Romanian native, is known as the "Boss of the Bots" by Forbes, and built a net worth of 1.3 Billion USD through UiPath's success. Dines started his career at Microsoft before founding UiPath in 2005 with the goal of automating repetitive tasks. His career has been marked by his focus on integrating AI and automation to enhance productivity. UiPath went public in 2021.

The Full Dossier

Early Life

Daniel Solomon Dines was born in January 1972, in Onești, Romania. Growing up during the communist era, he was raised by his grandparents. Dines' father was a civil engineer, and his mother was a teacher. Dines earned a degree from the University of Bucharest.

Rise to Success

Dines started his career at Microsoft in Seattle, Washington, in 2001, working as a software developer until 2005. He then returned to Romania and founded DeskOver, a software outsourcing firm in Bucharest. DeskOver pivoted multiple times before focusing on Robotic Process Automation (RPA) in 2012, and was rebranded as UiPath. UiPath experienced exponential growth, becoming one of the fastest-growing SaaS companies. UiPath moved its headquarters to New York City in 2018 and went public on the New York Stock Exchange in April 2021, raising $1.3 billion.

Key Business Strategies

Dines focused UiPath on RPA, and integrated AI. He also created a strong company culture with a focus on humility. Dines has expanded UiPath globally, serving over 10,000 customers across 100 countries. UiPath's IPO in 2021 raised $1.3 billion, with the company achieving a market capitalization exceeding $30 billion.

Philanthropy

Dines is involved in philanthropy. In April 2019, he donated €1 million to help rebuild Notre-Dame Cathedral. UiPath also has a foundation to help underprivileged children in Romania. UiPath employees have also provided funds to deliver oxygen supplies to India.

Career Timeline

2024

Chief Innovation Officer and Executive Chairman

Transitioned to Chief Innovation Officer and Executive Chairman at UiPath, and will return as CEO on June 1, 2024.

2021

UiPath IPO

UiPath went public on the New York Stock Exchange.

2019

Notre Dame Donation

Donated €1 million to help rebuild Notre Dame.

2018

Moved Headquarters to New York City

UiPath moved its headquarters to New York City.

2015

Rebranded to UiPath

DeskOver was rebranded to UiPath.

2005

Founded DeskOver

Founded software outsourcing firm DeskOver in Bucharest, Romania.

2000-2005

Software Developer

Worked at Microsoft in Seattle, Washington, US.

Philanthropic Impact

Cultural Preservation$1.0M

Notre Dame Restoration

Donated €1 million to help rebuild Notre Dame Cathedral.

Disaster Relief$1.0M

OxygenforIndia

UiPath, the UiPath Foundation, and UiPath employees are providing nearly $1 million to deliver oxygen supplies immediately to India.

Wealth Trajectory